Following the March 2026 departure of deputy portfolio manager Dan Kim, Amana Growth and Amana Income are adding some in-house resources to their management teams. The strategies needed these appointments given manager Scott Klimo's pending retirement, though established manager Monem Salam (lead manager of Amana Income and a deputy on Amana Growth) is the key to longer-term continuity on both strategies. The strategies retain their Average People and Process ratings, as well as their overall Morningstar Medalist Ratings.
Amana Mutual Funds Trust Growth Fund Institutional AMIGX
- NAV / 1-Day Return $106.93 / −1.94 %
- Fund Size $6.6B
- Adjusted Expense Ratio 0.610%
- Net Expense Ratio 0.600%
- Fee Level: Distribution Below Average
- Share Class Type Institutional
- Morningstar Category Large Growth
- Equity Style Box (Funds) Large Growth
- Minimum Initial Investment $100,000
- Investment Status Open
- TTM Yield 0.16%
- Turnover Ratio 12%
Morningstar’s Analysis AMIGX
Will AMIGX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 59.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Apple Inc | 8.19 | 544M | Technology |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 7.60 | 504M | Technology |
NVIDIA Corp | 7.23 | 480M | Technology |
Alphabet Inc Class A | 6.55 | 435M | Communication Services |
ASML Holding NV ADR | 6.49 | 431M | Technology |
Broadcom Inc | 5.75 | 382M | Technology |
Microsoft Corp | 5.68 | 377M | Technology |
Advanced Micro Devices Inc | 4.43 | 294M | Technology |
Eli Lilly and Co | 4.19 | 278M | Healthcare |
ServiceNow Inc | 3.25 | 215M | Technology |
United States